Ripple’s XRP Rejected at .40, Bitcoin (BTC) Volatility Roars Back: Market Watch

Ripple’s XRP Rejected at $2.40, Bitcoin (BTC) Volatility Roars Back: Market Watch

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RAIN is today’s biggest winner, followed by M and HYPE.

Bitcoin’s price action became significantly more volatile yesterday as the asset approached $95,000, only to be rejected and driven south by several thousand dollars before staging a comeback.

Several altcoins have posted some gains in the past day, including ETH, which has risen to $3,250, and BNB, which has touched $920.

BTC goes up, down and up

The start of the year brought some gains for the bulls as the primary cryptocurrency quickly recouped some of the losses from late December 2025 and regained the $90,000 level on Friday. The country reaffirmed its position above that border over the weekend, as even the United States’ attacks on Venezuela could not shake the country for long.

The business week started with another rally that pushed Bitcoin to $93,000 late Monday. Hours later, the cryptocurrency reached a multi-week peak of nearly $95,000 as the bulls appeared to be in full control.

However, that changed throughout the trading day and BTC fell below $91,500 at one point, following another rejection at $94,500. More volatility ensued, with bitcoin rising to $93,800, where it stalled and now sits just inches below $93,000.

However, the market cap has returned to $1.850 trillion. The dominance on the altcoins has decreased by more than 1% in recent weeks to 56.5% on CG.

BTCUSD January 7. Source: TradingView

XRP rejected, RAIN pumps

Ripple’s cross-border token was among the top performers yesterday, at one point rising double digits to a multi-month peak of just over $2.40. However, the price was stopped there too, dropping to $2.20 before seeing some relief from here at $2.28. ZEC, XLM, and SIU are also slightly in the red against the other larger-cap alts.

In contrast, ETH has risen to $2,500 after a daily increase of 1%, while BNB is nearing $920. SOL has tapped $140, while XMR is above $455. RAIN and M have made the biggest gains in the past 24 hours.

The total crypto market cap has lost about $25 billion since this time yesterday, falling to $3.275 trillion on CG.

Cryptocurrency market overview January 7. Source: QuantifyCrypto
Cryptocurrency market overview January 7. Source: QuantifyCrypto
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#Ripples #XRP #Rejected #Bitcoin #BTC #Volatility #Roars #Market #Watch

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